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Comment for Proposed Rule 75 FR 3281

  • From: Bo Hardy
    Organization(s):

    Comment No: 5331
    Date: 2/11/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05331
    From:
    Sent:
    To:
    Subject:
    bo hardy
    Thursday, February 11, 2010 6:54 PM
    secretary
    Regulation of Retail Forex
    Do not reduce the leverage. I am very successful trading forex with the current leverage of 100:1. If the
    new regulations reduce the leverage my whole business model will change and I will not be as
    profitable. It allows me to use the excess cash in different ways including spending it which the
    economy needs. If I can't be profitable trading I'll have to go on unemployment. Thats one more thing
    this country does not need. We have enough regulations in this country, we are almost paralyzed.
    Bo Hardy